Planning Your Future

Wills

Can you believe that over 70% of the UK population does not have a current Will that is an accurate reflection of their financial circumstances and the personal choices at the time of their death? Making a Will creates certainty, reduces worry and gives you the peace of mind of knowing exactly how your money, property and possessions will be dealt with after your death.

A Will guides those who are left behind and saves worry and heartache at a time of great emotional stress. Making a Will is usually the first step to take in structuring your affairs in order to minimise your liability for Inheritance Tax.

Our services include:

Giving advice on making a Will

Giving advice on Will Trusts

Preparation of Wills

Preparation of Trust Deeds

Preparation of Codicils

Where required, drafting complimentary Power of Attorney

A Will is one of the most important documents a person can make to ensure your wishes are carried out for the benefit of your loved ones. Not to do so can mean persons whom you would not wish to receive a benefit from your Estate may, by law, be entitled to some or all of your Estate, or worse, it could go to the Government.

It is very important when circumstances change that new Wills are prepared. We can provide a straightforward "Will Questionnaire" with useful information for you to complete and when returned we are able to prepare the Will to suit your requirements. If your affairs are more complicated due to second marriages and the like, or your estate is likely to exceed the present tax exemption threshold we would suggest that you contact us for an appointment so we may take your instructions and advise you on these issues directly.

After a death it is important to those who are left behind that the estate is administered with sympathy as well as with efficiency. It involves obtaining valuations of all of the assets of the estate, agreeing the tax liability, applying for the Grant of Probate [or Letters of Administration in the event that there is no Will] and then with the benefit of that Grant gathering in the assets of the estate and administering them according to the Will or according to rules of intestacy as the case may be. In some cases a trust may arise under the provisions of a Will or an intestacy and that trust could last for many years. It will normally require the advice and assistance of a solicitor and in many cases a skilled financial adviser. We have a number of contacts with Independent Financial Advisers.